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California Nanotechnologies (CNO:TSXV)
Cal Nano specializes in advanced material enhancement technologies, focusing on Spark Plasma
Sintering (SPS) and Cryomilling. These cutting-edge processes are utilized to develop and enhance
materials for various industries, including aerospace, renewable energy, defense, and
semiconductors. With nearly two decades of experience and over 9,500 trials completed, Cal Nano
is recognized as a leading partner in North America for helping clients achieve their material
advancement goals. The Company offers a range of services, from R&D to commercial-scale
production, leveraging its expertise in applied material science to push the boundaries of
innovation. Through its unique technical capabilities, Cal Nano consistently delivers tailored
solutions that meet the complex needs of its diverse clientele. CNO posted quarterly revenue of
US$1.7M (+243% YoY) and US$754K in adjusted EBITDA (+569% YoY). In the LTM, CNO’s share
price has increased 405% to $0.91/share and is trading at 10.9x run-rate EBITDA.